A grounded ship cut into Pyxis Tankers’ first-quarter bottom line.

The New York-listed MR tanker owner posted a $3.4m loss in the first three months of 2022, deeper than the $2m loss in the same period last year.

It said the 50,295-dwt Pyxis Epsilon (built 2015) ran aground in port, taking it out of service for 43 days and lowering fleet utilisation to 74.3%.